Regional Electric Inc.
$150,000 PPP Loan in Montgomery, Alabama
Loan Details
- Loan Number
- 5449587007
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $150,000
- Current Approval
- $150,000
- Forgiveness Amount
- $152,171
- Forgiveness Date
- Sep 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Regional Electric Inc.
- Address
- 1015 North Court St
- City
- Montgomery
- State
- Alabama
- ZIP Code
- 36104-2009
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- AL-02
Loan Use Breakdown
- Payroll
- $112,500
- Rent
- $30,000
- Utilities
- $7,500
Lender Information
- Servicing Lender
- Servisfirst Bank
- Originating Lender
- Servisfirst Bank
Other PPP Loans in Montgomery, AL
| Business | Approved | |
|---|---|---|
| Turenne & Associates, LLC | $5,553,700 |  AI Deep Dive |
| Capitol Business Equipment, Inc. | $5,254,049 | AI Deep Dive |
| Premier Kings, Inc. | $4,649,000 | AI Deep Dive |
| Beasley, Allen, Crow, Methvin, Portis & Miles, P.c. | $4,202,424 | AI Deep Dive |
| Faulkner University | $3,654,500 | AI Deep Dive |
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